Keiyo Gas Co (TSE:9539) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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TSE:9539 Keiyo Gas Co Ltd TSE:9539
67 GF Score
Price 円1,366.00
GF Value 円964.44
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Keiyo Gas Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Keiyo Gas Co  (TSE:9539) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Keiyo Gas Co Cyclically Adjusted PS Ratio Related Terms


Keiyo Gas Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Keiyo Gas Co's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Keiyo Gas Co Cyclically Adjusted PS Ratio Chart

Keiyo Gas Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.25 0.28 0.27 0.35

Keiyo Gas Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.36 0.35 0.37 0.44

TSE:9539 vs ATO, NI: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Gas subindustry, Keiyo Gas Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Keiyo Gas Co Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Keiyo Gas Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Keiyo Gas Co's Cyclically Adjusted PS Ratio falls into.


TSE:9539
67GF Score
Keiyo Gas Co Ltd TSE:9539
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keiyo Gas Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Keiyo Gas Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Keiyo Gas Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=830.498/113.6000*113.6000
=830.498

Current CPI (Jun. 2026) = 113.6000.

Keiyo Gas Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 486.357 98.000 563.777
201612 588.603 98.400 679.525
201703 820.054 98.100 949.624
201706 612.874 98.500 706.827
201709 500.379 98.800 575.335
201712 673.962 99.400 770.242
201803 895.779 99.200 1,025.811
201806 612.165 99.200 701.028
201809 529.194 99.900 601.766
201812 679.907 99.700 774.698
201903 958.232 99.700 1,091.827
201906 713.053 99.800 811.652
201909 622.832 100.100 706.830
201912 659.849 100.500 745.859
202003 903.182 100.300 1,022.946
202006 674.707 99.900 767.234
202009 565.986 99.900 643.604
202012 612.456 99.300 700.655
202103 862.754 99.900 981.070
202106 633.840 99.500 723.661
202109 575.003 100.100 652.551
202112 716.998 100.100 813.696
202203 1,111.898 101.100 1,249.373
202206 813.437 101.800 907.725
202209 755.284 103.100 832.204
202212 1,012.663 104.100 1,105.077
202303 1,360.978 104.400 1,480.911
202306 862.116 105.200 930.954
202309 742.226 106.200 793.944
202312 855.367 106.800 909.829
202403 1,153.427 107.200 1,222.288
202406 836.460 108.200 878.206
202409 761.704 108.900 794.578
202412 833.986 110.700 855.834
202503 1,172.287 111.100 1,198.666
202506 859.482 111.700 874.102
202509 763.477 112.000 774.384
202512 864.148 113.000 868.736
202603 1,173.781 112.700 1,183.155
202606 830.498 113.600 830.498

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is Keiyo Gas Co (TSE:9539) Overvalued in 2026?

Based on GuruFocus' analysis, Keiyo Gas Co stock appears to be overvalued. The current stock price of 円1,366.00 is trading 41.6% above its estimated GF Value™ of 円964.44. GuruFocus considers Keiyo Gas Co to be Significantly Overvalued.

Key valuation signals for TSE:9539:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円964.44 vs. price of 円1,366.00 (41.6% above fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the TSE:9539 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keiyo Gas Co Business Description

Address 2-8-8 Minami Ichikawa, Chiba Prefecture, Ichikawa, JPN, 272-8580
Keiyo Gas Co Ltd is engaged in gas business. The company produces, process and sells gas byproducts. It is also engaged in production, sales, rental, installation, repair, maintenance and management of gas appliances, kitchen equipment, water supply, and drainage equipment, air conditioning equipment and housing equipment.
67GF Score

Get the complete analysis for TSE:9539

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,366.00
Price
円964.44
GF Value